Sawt Falasteen - Economy

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Featured

Trump confirms national intelligence chief as new AI czar

US President Donald Trump on Sunday confirmed national intelligence chief Jay Clayton as head of a new White House task force on artificial intelligence, amid increasingly vocal warnings from researchers about the technology's potential dangers.

Pro-Europe Latvian PM wins poll dominated by Russia, social worries

Prime Minister Andris Kulbergs' centre-right party emerged as the victor on Sunday from Latvia's parliamentary election, and he will now set about forming a coalition to maintain his pro-European and pro-Ukrainian course.

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China imposes 'national security' rules on overseas investments

China is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a time of rising tech competition with Washington.

Trump earned over $1 bn from crypto ventures in 2025

US President Donald Trump recorded around $1.2 billion in income from his family's cryptocurrency activities during his first year back in office, according to financial disclosures released on Tuesday.

Indian sailors fear returning to Gulf after Middle East war

Indian sailors shaken by war have finally cleared the Strait of Hormuz after being stranded there for months, but some fear they have little choice but to return to make a living.

The Afghan women farmers keeping their village alive

In a remote province of northeastern Afghanistan, women farmers are playing a vital role in their community's survival among the snow-capped mountains.

World Bank to phase out lending to China by 2031

The World Bank will phase out its lending to China by 2031, according to the organization's new country partnership framework, a source familiar with the matter told AFP on Tuesday.

No corn dogs? Trump's 'Great American State Fair' threatens to be a flop

Deserted booths, sparse crowds and prayer tents. Welcome to the Great American State Fair, where a celebration of the country's 250th birthday has morphed into a new political battlefront.

Tepid outlook weighs on Nike despite tariff refund boost

Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.

CIA boss compares cutting-edge AI to nuclear weapons

CIA Director John Ratcliffe on Tuesday compared the capabilities of the most advanced artificial intelligence models to nuclear weapons in a tacit defense of the Trump administration's recent hard line on controlling the release of the most powerful AI technology.

Football brings joy to Venezuelan kids displaced by quakes

"What do we want to play?" Juan Cordero asks a group of Venezuelan children left homeless following last week's harrowing earthquakes.

German rail regulator backs Italian firm in competition spat

Germany's rail regulator on Tuesday backed Italian train firm Italo in a case it brought arguing it had been unfairly excluded from the market, paving the way for foreign companies to compete with the crisis-wracked German state operator Deutsche Bahn.

Inflation slows in top eurozone economies as ECB ponders next move

Inflation slowed in the eurozone's three largest economies in June, data showed Tuesday, boosting the likelihood of the European Central Bank keeping interest rates on hold at its next meeting.

Record number of 'new millionaires' in 2025, says UBS

Global personal wealth surged in 2025, with a record number of new millionaires, Swiss bank UBS said Tuesday.

Thousands march to demand illegal migrants leave South Africa

Thousands of people marched Tuesday in cities across South Africa to demand the departure of undocumented foreign nationals after a weeks-long campaign that has sent thousands fleeing and claimed four lives.

MEXC Lists Ondo's Tokenized Strategy Preferred Stock on Spot Market

MEXC, a pioneer in 0-fee digital asset trading, today announced the listing of Ondo's tokenized Strategy's preferred stock on its spot market, further expanding its tokenized U.S. stock offerings.

Stocks climb, yen stays near 40-year low against dollar

Renewed buying of technology stocks helped drive equity markets higher Tuesday while the yen held around a four-decade low against the dollar, reflecting the gap between Japan's low interest rates while US rates trend higher.

Germany's labour market dilemma: rising unemployment despite vacancies

Graduating with a degree in biology in Germany, Julia Unkelbauer thought she had done everything right. But applying for job after job since 2024 has so far resulted only in rejections.

Over 1 million migrants apply for Spain's mass regularisation: PM

More than one million undocumented migrants in Spain have sought legal status under a scheme that has defied a wider European crackdown on irregular immigration, the government said on Tuesday, the final day for submissions.

Taiwan's ageing seaweed harvesters hope younger women wade in

Unfazed by the crashing waves, 72-year-old Wu Feng-chiao yanks fistfuls of brownish-purple seaweed she will process into jelly, one of the last women in Taiwan keeping the marine harvest tradition alive.

Affiliate of Pacific Avenue Capital Partners Completes Acquisition of ESE World from Amcor

PARIS, FR / ACCESS Newswire / June 30, 2026 / Pacific Avenue Capital Partners ("Pacific Avenue"), a global private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of Pacific Avenue has completed the acquisition of ESE World (the "Company" or "ESE") from Amcor, one of the world's leading packaging companies.

HUNTING/HER Headhunter Talk with EnBW Board Member & CHRO Colette Rückert-Hennen

Female Executive Search, Diversity and Female Leadership: What Really Works – Practical Insights from One of Europe's Leading Energy Companies / Guest Speaker: EnBW Board Member & CHRO Colette Rückert-Hennen

Tech rebound lifts Dow to record, yen hits 40-year low against dollar

Resurgent tech stocks helped lift the Dow to a fresh record Monday as oil prices advanced and the yen retreated to a 40-year low against the dollar.

Bolivia removes 15-year dollar peg in bid to revive economy

Bolivia on Monday lifted a 15-year peg on its dollar exchange rate in a bid to attract more greenbacks, a move aimed at ending a severe economic crisis that has sparked unrest.

Supreme Court boosts Trump's power to fire officials, but protects Fed

The US Supreme Court on Monday fortified President Donald Trump's powers to fire members of independent government agencies, but carved out protections for the Federal Reserve by blocking the firing of Governor Lisa Cook.

Burnham pledges radical devolution of UK govt if PM

The frontrunner to become Britain's next prime minister, Andy Burnham, vowed speech Monday to "bring about the biggest rebalancing of power our country has seen" if he succeeds Keir Starmer.

Trump says Iran meeting to take place in Qatar

US President Donald Trump said Iran has requested a meeting that will be held in Qatar on Tuesday, despite Tehran earlier denying that any technical talks on the deal aimed at ending the Middle East war were planned.

Spain raises 2026 growth forecast despite Mideast war turmoil

The Spanish government on Monday raised its 2026 growth forecast to 2.6 percent from 2.2 percent, saying its economy was well positioned to overcome the energy shock and other turbulence stemming from the Middle East war.

Kenya-US rare earths deal challenged in court over secrecy

A multi-billion-dollar rare earth minerals deal between Kenya and the United States was challenged in a Kenyan court Monday, accused of lacking transparency.

'One-time opportunity': South Korea bets big on AI boom

Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster its chip industry against rivals such as China, analysts say.

South Korea to invest nearly $1.2 tn in chips, AI data centres

South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.

Stocks mixed and oil rises as US, Iran call end to latest attacks

Asian stocks were mixed and oil prices edged up as reports said the United States and Iran had agreed to stop attacking each other following a weekend of strikes that threw their fragile truce into question.

EU, China trade tensions loom over minister visit

Europe and China will gauge whether trade frictions can be resolved through talks Monday when top EU trade official Maros Sefcovic hosts his Chinese counterpart Wang Wentao in Brussels for day-long discussions.

Augusta Tops Best Gold IRA Companies List By Gold Advisor

Gold Advisor, a leading educational resource focused on precious metals investing and retirement diversification, has released its annual rankings of the Best Gold IRA Companies for 2026, naming Augusta Precious Metals as the organization’s Best Overall Gold IRA Company following an extensive evaluation of leading providers serving retirement investors nationwide.

Sawt Falasteen - Economy (English)